What to Do? Consolidate/Settle?
Date: Thu, 03/13/2008 - 18:18
Submitted by egyptcrossarabs
on
Thu, 03/13/2008 - 18:18
Total Replies: 1
Hello,
I have previously posted about PDL's and am acting on some of the advise I got here...but I see now this is going to take some time.
While I am trying to muddle through the PDL mess, I am considering a consolidation or settlement on the other big bills I have. My husband was in an accident last March and we have bills from that, then in Nov. he was in another aaccident that required an expensive hospital stay and loss of work for almost 4 month's on his part. In the mean time, I took out the payday loans thinking as soon as he got back to work, I could pay them off and take care of the other bills, or at least make paymnets....ahhhh...did not happen. Is not happening.
So now, I am looking in this part of the Forum for help with the other part of my debt. How successful has consolidation or settlement been for some of you?
I am not wanting to declare bankruptcy, but before I lose my mental health I would do so rather than this continual nightmare of debt.
It would be helpful if some of you would come forth with how you have coped and overcome debt? Either on your own or with consolidation/settlement?
Our total debt is around $20,000...my credit score is about 545?
I have previously posted about PDL's and am acting on some of the advise I got here...but I see now this is going to take some time.
While I am trying to muddle through the PDL mess, I am considering a consolidation or settlement on the other big bills I have. My husband was in an accident last March and we have bills from that, then in Nov. he was in another aaccident that required an expensive hospital stay and loss of work for almost 4 month's on his part. In the mean time, I took out the payday loans thinking as soon as he got back to work, I could pay them off and take care of the other bills, or at least make paymnets....ahhhh...did not happen. Is not happening.
So now, I am looking in this part of the Forum for help with the other part of my debt. How successful has consolidation or settlement been for some of you?
I am not wanting to declare bankruptcy, but before I lose my mental health I would do so rather than this continual nightmare of debt.
It would be helpful if some of you would come forth with how you have coped and overcome debt? Either on your own or with consolidation/settlement?
Our total debt is around $20,000...my credit score is about 545?
Just relax,:) there are many around this community who would be
Just relax,:) there are many around this community who would be glad to share their stories with you to boost up your morale. You can actually seek professional helps form this community to design the best possible loan repayment plan for you.
Quote:
My husband was in an accident last March and we have bills from that, then in Nov. he was in another aaccident that required an expensive hospital stay and loss of work for almost 4 month's on his part. |
Didn't you guyz had auto insurance/medical plan to take care of these bills? Just wondering!:)
Take care,
Tweetyturner
